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Ceylon Chamber to launch eCertificate of Origins

04
Jul '07
The latest move of Ceylon Chamber of Commerce (CCC) in its service improvement drive is to enhance the present Certificate of Origin system, to a fully secured online eCO, which is set to be launched at the Chamber on July 9.

Electronic issuance of Certificates of Origin (e-CO) allows exporters to apply directly from their PCs via internet. This system is expected to save time and costs, reduce paperwork and human error and eliminate delays to the users.

The CCC will initiate the issuance of Certificates of Origin in two Phases. In the first Phase, which will begin with the launch on July 9, exporters are allowed to submit their e-CO via a secured e-mail system and the CCC will print the copies in the number required and register the document as usual, complete with stamps and signatures.

This will also allow exporters to forward their documents to the Chamber any time during the day and collect the registered documents at their convenience without hassles of waiting.

With the development of the second Phase, the exporters will be able to apply for a Certificate of Origin online and the Chamber will be able to check, approve and stamp the Certificate of origin electronically.

Developments are also expected to reach the level in which Certificate of Origin could be directly forwarded online to the Banks or the importing Country's Customs point, in fast tracking international trade.

This development by the Ceylon Chamber of Commerce is supported by the SAARC and Trade Promotion Projects which is implemented jointly by CCC and German Technical Cooperation (GTZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).

Fibre2fashion News Desk - Sri Lanka


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